Despite the economic and social crisis enveloping his nation, Venezuela’s Ambassador to Antigua & Barbuda, Carlos Perez has said his government’s commitment to Antigua & Barbuda and the entire Caribbean remains unchanged.
“The commitments that we have established in the form of bilateral agreements with Antigua & Barbuda and other countries will continue without any alterations,” Ambassador Perez said in an exclusive interview with OBSERVER media.
The ambassador also asserted that the oil alliance agreement, Petro Caribe, from which Antigua and other countries have benefited considerably over the past 10 years, is not “dead” as is widely reported in certain quarters of the media.
According to the Venezuelan diplomat, Petro Caribe has two different states- the multilateral agreement signed in 2005 and a bilateral agreement signed by each country, depending on their specific needs.
Although PetroCaribe is linked with the Bolivarian Alliance for the Americas (ALBA) in 2013 and goes beyond oil and promotes economic cooperation, there were concerns over the last year that the death of Maduro’s predecessor President, Hugo Chavez, would bring the curtains down on the arrangement.
The concerns has grown over the past few months with the on-going political unrest in Venezuela.